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USDJPY Reversed Off Its Resistance, Potential Drop!

FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY reversed off its resistance at 112.16 (61.8% Fibonacci extension , 78.6% Fibonacci retracement , horizontal swing high resistance) where it is could drop further to its support at 111.38 (61.8% Fibonacci retracement ).
Stochastic (89, 5, 3) reversed off its resistance at 96% where a corresponding drop could occur.

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